NEW DIRECTOR JOINS PORT OF TYNE

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The Port of Tyne has appointed Mark Stoner as Chief Financial Officer.

Mark joins the major UK port from his previous role as Group Finance Director at marketing services provider Communisis plc - having started his career with British Steel, before holding senior positions at Rolls Royce Industrial Power Group, Siemens Microelectronics, KPMG, and Atmel North Tyneside.

Originally from Preston, Lancashire - Mark has lived in Northumberland for 20 years and gained an MBA at Northumbria University. He says, “It’s exciting to join the Port of Tyne at a time of real change and opportunity for the ports sector - it’s a ‘real business’ with the Port providing a direct benefit to the North East, not least in its economic impact of over £690m each year.

“The Port is a strategically important business, and a strong regional port is vital for trade and commerce. Irrespective of Brexit, good infrastructure is essential to attract, retain and grow business in the region.

“I am looking forward to helping to ensure the Port of Tyne continues to identify opportunities to grow in order that we fulfil our mission of continuing to contribute to the growth of the UK economy, and to hand on the Port in a better condition to future generations.”

A Fellow of the Chartered Institute of Management Accountants with over 25 years’ experience in senior financial and operational positions, he brings a breadth of experience to the Port of Tyne.

Andrew Moffat, Port of Tyne Chief Executive Officer, said: “Mark has extensive experience that will strengthen the Board and management team and support the delivery of the business's strategic objectives.”

Mark will take responsibility for Group financial services, information technology, internal audit and risk management.